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A judge has dismissed an application by the Australian Securities and Investments Commission to investigate two Sydney-based liquidators, saying the regulator had failed to prove its suspicions about the pair.
Brambles shareholder class actions consolidated despite stalemate between firms
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A judge has consolidated two shareholder class actions brought against chain logistics company Brambles by Slater & Gordon and Maurice Blackburn, despite the rival firms failing to reach an agreement on the terms of the consolidation following a judge’s criticism of the class action “beauty parade”.
Geoffrey Rush slams Nationwide for ‘doubling down’ on defamatory imputations
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Actor Geoffery Rush has accused the Daily Telegraph publisher Nationwide News of “doubling down” on its defamatory allegations and attacking the vindication he received in winning his defamation case against the publisher.
‘Witness X’ in Geoffrey Rush defamation case revealed as actress Yael Stone
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Orange Is The New Black star Yael Stone, who has accused Geoffrey Rush in interviews of lewd behaviour toward her, can be revealed as the witness who unsuccessfully sought to give evidence at trial in Rush’s defamation case against Daily Telegraph publisher Nationwide News.
Quintis class action trial could be two years away, with ASIC case to run first
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The Quintis shareholder class action trial could be delayed for almost two years, while ASIC runs its civil proceedings case against the founder of the sandalwood oil production company.
GSK, Pfizer merger won’t cause Nurofen maker any pain, ACCC says
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The Australian Competition and Consumer Commission has signed off on pharmaceutical giant GlaxoSmithKline’s proposed acquisition of fellow heavyweight Pfizer, a merger which will put pain medications Panadol, Voltaren and Advil all under one roof, with the competition cop saying Nurofen maker Reckitt will still be able to compete.
Judge sides with ASIC, finds insolvent hedge fund Goldsky operated without a licence
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A judge has found embattled hedge fund Goldsky breached the Corporations Act by providing financial services in Australia without a licence.
Bauer’s appeal victory means curtain call for Discover Downunder trade mark
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Bauer Consumer Media has won a five-year legal battle over Evergreen Television’s Discover Downunder trade mark, with the Full Federal Court setting aside a prior IP Australia decision and deregistering the mark.
Judge signs off on 25% cut for funders in Spotless class action
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A judge has approved funding terms in a shareholder class action against facility services company Spotless Group under which the funders will get no more than 25 percent of any net settlement or judgment.
Judge slams Copyright Agency’s $32.5M interim request from universities as ‘absurd’ and ‘unfair’
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A group of 39 of Australia’s largest universities has managed to avoid paying its full $32.5 million annual fee to Copyright Agency Ltd, while a dispute over the terms of a licence remains unresolved.